Keches Cares Inc

Nonprofit profile at a glance

EIN
841809755
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Bridgewater, MA, USA
Phone
5088222000
Rating
96
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$5,000
Expenses
$22,572
Assets
$10,392

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • SEAN FLAHERTY (PRESIDENT)

People named in this filing

  • SEAN FLAHERTY (PRESIDENT)
  • LARREL MACHIE (TREASURER)
  • TIMOTHY BLACQUIER (CLERK)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization is formed for the purpose of providing scholarship and grants to students who demonstrate academic promise and also financial need. The board of directors, acting on recommendations from a subcommittee, will award scholarship grants to individuals who are accepted to undergraduate, graduate or vocational programs and who demonstrate a need for financial assistance. To undertake charitable and educational activities to accomplish the above purposes, including without limitation, donations to non-profit and tax exempt organizations.

What it reported doing in 2024

To provide educational scholarships to individuals based upon need to assist and encourage educational opportunities.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 91% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 16
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -351.4%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 23.7% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 6.5% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 20.7% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $23K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.